Blend (Financial Software ) Overview
- Year Founded
-
2012

- Status
-
Public
- Employees
-
881

- Stock Symbol
-
BLND

- Investments
-
3
- Share Price
-
$3.91
- (As of Friday Closing)
Blend (Financial Software ) General Information
Description
Blend Labs Inc is a cloud-based platform software platform that powers the digital interface between financial services firms and consumers. It supports and simplifies applications for mortgages, consumer loans, and deposit accounts. Its operating segments are; Blend Platform segment which comprises a suite of products that power the entire origination process from back-end workflows to consumer experience, and the Title segment enables customers to streamline the title, settlement, and closing process at scale for mortgages, home equity lines of credit, and home equity loans. The majority of the revenue for the company is generated from the Blend Platform segment.
Contact Information
Website
www.blend.comCorporate Office
- 415 Kearny Street
- San Francisco, CA 94108
- United States
Corporate Office
- 415 Kearny Street
- San Francisco, CA 94108
- United States
Blend (Financial Software ) Timeline
Blend (Financial Software ) Stock Performance
As of 07-Feb-2025, Blend (Financial Software )’s stock price is $3.91. Its current market cap is $1B with 256M shares.
(As of Friday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$3.91 | $3.95 | $2.08 - $5.53 | $1B | 256M | 3.09M | -$0.34 |
Blend (Financial Software ) Financials Summary
As of 30-Sep-2024, Blend (Financial Software ) has a trailing 12-month revenue of $157M.
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
---|---|---|---|---|
EV | 1,033,294 | 664,134 | 213,706 | 1,371,362 |
Revenue | 156,715 | 156,846 | 235,201 | 234,495 |
EBITDA | (53,655) | (143,214) | (726,845) | (182,935) |
Net Income | (79,080) | (185,320) | (768,610) | (171,343) |
Total Assets | 186,129 | 206,065 | 432,764 | 1,112,486 |
Total Debt | 5,270 | 149,695 | 231,981 | 232,306 |
Blend (Financial Software ) Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Blend (Financial Software ) Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
---|
Blend (Financial Software ) Comparisons
Industry
Financing
Details
Blend (Financial Software ) Competitors (22)
One of Blend (Financial Software )’s 22 competitors is OpenClose, a Formerly VC-backed company based in West Palm Beach, FL.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
OpenClose | Formerly VC-backed | West Palm Beach, FL | ||||
ICE Mortgage technology | Formerly PE-Backed | Pleasanton, CA | ||||
LoanLogics | Private Equity-Backed | Jacksonville, FL | ||||
BeSmartee | Private Equity-Backed | Aliso Viejo, CA | ||||
Upstart Holdings | Formerly VC-backed | San Mateo, CA |
Blend (Financial Software ) Patents
Blend (Financial Software ) Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-10817351-B1 | Method and apparatus for hybrid service event | Active | 13-Jul-2018 | ||
CA-3109569-A1 | Method and apparatus for hybrid event service | Pending | 13-Jul-2018 | ||
EP-3821334-A4 | Method and apparatus for hybrid event service | Inactive | 13-Jul-2018 | ||
EP-3821334-A1 | Method and apparatus for hybrid event service | Inactive | 13-Jul-2018 | ||
AU-2019301838-A1 | Method and apparatus for hybrid event service | Inactive | 13-Jul-2018 | G06F9/542 |
Blend (Financial Software ) Signals
Blend (Financial Software ) Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
Blend (Financial Software ) Investments & Acquisitions (3)
Blend (Financial Software )’s most recent deal was a Early Stage VC with Bilt for . The deal was made on 21-Sep-2021.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Bilt | 21-Sep-2021 | Early Stage VC | Financial Software | ||
Title365 | 30-Jun-2021 | Merger/Acquisition | Multi-line Insurance | ||
La Ligna | 02-Mar-2016 | Merger/Acquisition | Internet Retail |
Blend (Financial Software ) ESG
Risk Overview
Risk Rating
Updated August, 02, 2023
29.04 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,842
Rank
Percentile

Software & Services
Industry
of 1,106
Rank
Percentile

Internet Software and Services
Subindustry
of 249
Rank
Percentile

Affiliates
Subsidiaries (2)
Name | Industry | Location | Year Founded |
---|---|---|---|
Title365 | Coraopolis, PA | 2009 | |
La Ligna | Nieuwegein, Netherlands | 1984 |
Blend (Financial Software ) FAQs
-
When was Blend (Financial Software ) founded?
Blend (Financial Software ) was founded in 2012.
-
Where is Blend (Financial Software ) headquartered?
Blend (Financial Software ) is headquartered in San Francisco, CA.
-
What is the size of Blend (Financial Software )?
Blend (Financial Software ) has 881 total employees.
-
What industry is Blend (Financial Software ) in?
Blend (Financial Software )’s primary industry is Financial Software.
-
Is Blend (Financial Software ) a private or public company?
Blend (Financial Software ) is a Public company.
-
What is Blend (Financial Software )’s stock symbol?
The ticker symbol for Blend (Financial Software ) is BLND.
-
What is the current stock price of Blend (Financial Software )?
As of 07-Feb-2025 the stock price of Blend (Financial Software ) is $3.91.
-
What is the current market cap of Blend (Financial Software )?
The current market capitalization of Blend (Financial Software ) is $1B.
-
What is Blend (Financial Software )’s current revenue?
The trailing twelve month revenue for Blend (Financial Software ) is $157M.
-
Who are Blend (Financial Software )’s competitors?
OpenClose, ICE Mortgage technology, LoanLogics, BeSmartee, and Upstart Holdings are some of the 22 competitors of Blend (Financial Software ).
-
What is Blend (Financial Software )’s annual earnings per share (EPS)?
Blend (Financial Software )’s EPS for 12 months was -$0.34.
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